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  5. BlackRock Advantage International Equity Fund - Managed fund profile

BlackRock Advantage International Equity Fund - Managed Fund

Fund Objective
The Fund aims to outperform the MSCI World ex-Australia Net TR Index (unhedged in AUD) (the 'Index') by 2% p.a. over rolling 3-year periods (net of fees), while maintaining a similar level of investment risk to the Index.
Fund Strategy
The Fund invests substantially all of its assets in units of the BlackRock International Alpha Tilts Fund (the 'Underlying Fund'), another fund managed by us, which has the same investment strategy as the Fund and provides it with exposure to a portfolio of stocks from the world's developed equity markets.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 4.07% 1.15% 10.54% 29.91% 22.11% 12.63% 13.7% 13.18%
Growth return 4.07% 1.15% 5.5% 23.43% 7.36% 1.48% 6.27% 8.35%
Income return 0% 0% 5.04% 6.48% 14.75% 11.15% 7.43% 4.83%
Market index (MSCI World Ex Australia NR AUD)
Total return 3.92% 2.14% 10.2% 29.31% 20.19% 11.39% 13.27% 13.18%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

BlackRock Advantage International Equity Fund
International Equities
98.09%
Cash
1.17%
Property
0.75%
Australian Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
93.18%
Cash
2.48%
Property
1.50%
Australian Equities
2.64%
Fixed Interest
0.11%
Alternatives
0.09%

General Information

Fund Details
Type Description
BlackRock Advantage International Equity Fund (Wholesale)
BlackRock Investment Mgmt (AUS) Ltd
BAR0817AU
Equity World Large Blend
starstarstarstar (as at 31 Oct 2024)
Investment Fund
15 Oct 1994
$286.04 million (as at 31 Aug 2024)
$2.0501 (as at 20 Nov 2024)
$2.04314 (as at 20 Nov 2024)
Open
Offer information
Type Description
MER 0.50% (as at 1 Nov 2024)
Indirect Cost Ratio (ICR) 0.50% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
Minimum initial investment $50,000
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 Aug 2022)

Holding (as at 31 Aug 2022) Type % of Portfolio
Apple Inc Equity 6.03%
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FAQs about the BlackRock Advantage International Equity Fund

The objective of the BlackRock Advantage International Equity Fund managed fund is The Fund aims to outperform the MSCI World ex-Australia Net TR Index (unhedged in AUD) (the 'Index') by 2% p.a. over rolling 3-year periods (net of fees), while maintaining a similar level of investment risk to the Index.

The strategy of the BlackRock Advantage International Equity Fund managed fund is The Fund invests substantially all of its assets in units of the BlackRock International Alpha Tilts Fund (the 'Underlying Fund'), another fund managed by us, which has the same investment strategy as the Fund and provides it with exposure to a portfolio of stocks from the world's developed equity markets.

The APIR code of the BlackRock Advantage International Equity Fund managed fund is BAR0817AU.

BlackRock Advantage International Equity Fund’s total return last month was 4.07%. This was made up of a growth return of 4.07% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

BlackRock Advantage International Equity Fund’s total return for the last three months was 1.15%. This was made up of a growth return of 1.15% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

BlackRock Advantage International Equity Fund’s one-year total return is 29.91%. This was made up of a growth return of 23.43% and an income return of 6.48%. These returns were calculated as at 31 Oct 2024.

BlackRock Advantage International Equity Fund’s one-year total return is 12.63%. This was made up of a growth return of 1.48% and an income return of 11.15%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the BlackRock Advantage International Equity Fund managed fund is :

International Equities
98.09%
Cash
1.17%
Property
0.75%
Australian Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the BlackRock Advantage International Equity Fund managed fund is BlackRock Investment Mgmt (AUS) Ltd.

The BlackRock Advantage International Equity Fund managed fund belongs to the Equity World Large Blend sector/asset class.

As at 31 Aug 2024, the size of the BlackRock Advantage International Equity Fund managed fund was $286.04 million.

The BlackRock Advantage International Equity Fund managed fund has an inception date of 15 Oct 1994.

The current entry price of the BlackRock Advantage International Equity Fund managed fund is $2.0501 per unit and the current exit price is $2.04314 per unit (as at 20 Nov 2024).

The current exit price of the BlackRock Advantage International Equity Fund managed fund is $2.04314 per unit and the current entry price is $2.0501 per unit (as at 20 Nov 2024).

The minimum initial investment amount for the BlackRock Advantage International Equity Fund managed fund is $50,000. Minimum additional investment is $0.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.